DVSP vs LGDX
WEBs SPY Defined Volatility ETF vs Intech S&P Large Cap Diversified Alpha ETF
Which is better, DVSP or LGDX?
Each has led over a different period.
LGDX has a lower expense ratio. DVSP led over the full window, LGDX over 1Y. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DVSP | LGDX |
|---|---|---|
| Expense Ratio | 0.89% | 0.25%Best |
| AUM | $2M | $147M |
| Dividend Yield | 0.26% | 0.47% |
| Holdings | 8 | 590 |
| YTD Return | +10.86% | +12.10%Best |
| 1Y Return | +13.59% | +15.02%Best |
| Volatility (annualized) | 18.3% | 12.5%Best |
| Max Drawdown | -17.5% | -15.8%Best |
| $10,000 over 1.6 years | $12,870Best | $12,698 |
| Fund Family | WEBs Investments | Intech ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2024 | Mar 1, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 28, 2025 to Oct 15, 2026 (1.6 years).
DVSP vs LGDX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
DVSP vs LGDX Performance
WEBs SPY Defined Volatility ETF (DVSP) is an ETF from WEBs Investments and Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an ETF from Intech ETF. Over the past year DVSP returned +13.59% while LGDX returned +15.02%. Year to date, DVSP is up 10.86% versus a gain of 12.10% for LGDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DVSP has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 12.5% for LGDX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.5% for DVSP and -15.8% for LGDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DVSP charges 0.89% per year while LGDX charges 0.25%. On a $10,000 position that is $89 vs $25 annually, a gap of $64 per year that compounds over a long holding period. On income, DVSP currently yields 0.26% against 0.47% for LGDX.
Holdings Overlap
We hold position weights for 1 holding in DVSP and 295 in LGDX, totalling 43.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in DVSP and 295 in LGDX, against full books of 8 and 590.
You are not choosing between two funds in isolation.
Whichever of DVSP and LGDX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DVSP or LGDX?
DVSP has an expense ratio of 0.89% while LGDX charges 0.25%. LGDX is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, DVSP or LGDX?
Over the past year DVSP returned +13.59% vs +15.02% for LGDX, so LGDX leads on 1-year performance. Over the longest common window we track (2 years), DVSP annualized +17.08% vs +16.10% for LGDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DVSP or LGDX?
DVSP has been the more volatile fund at 18.3% annualized versus 12.5% for LGDX. Worst drawdown: DVSP -17.5% vs LGDX -15.8%.
Should I hold both DVSP and LGDX?
DVSP and LGDX have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DVSP or LGDX?
DVSP yields 0.26% while LGDX yields 0.47%, so LGDX currently pays the higher dividend yield.
Is LGDX better than DVSP?
LGDX has a lower expense ratio. DVSP led over the full window, LGDX over 1Y. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.